Welfare Gains from Financial Liberalization /

Financial liberalization has been a controversial issue as there is little empirical evidence for its positive effects on economic growth. However, we find sizable welfare gains, 1 to 28 percent of permanent consumption though, consistent with the literature, the gain in the economic growth is ambig...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Ueda, Kenichi
Tác giả khác: Townsend, Robert
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2007.
Loạt:IMF Working Papers; Working Paper ; No. 2007/154
Truy cập trực tuyến:Full text available on IMF